FirstRand has acquired a 20% stake in Optasia, with the hope that FNB will be able to use the platform to acquire new customers.
e& Reports Record Net Profit and Expands 5G and AI Ecosystem in UAE
The company launched the UAE Sovereign Cloud Launchpad alongside AWS and the UAE Cybersecurity Council, advancing national priorities around digital sovereignty, secure AI, and cloud innovation. The …
Moniepoint Marks $200M Series C
African fintech Moniepoint has raised more than $200 million in equity financing in a recently closed Series C funding round. The investment will fuel its …
How the 2008 crisis shaped fintech innovation
Fintech innovation has deep roots in the 2008 crisis, and its lessons are more relevant than ever. The numbers speak clearly: The global fintech market has reached a value of $7.7 trillion, …
The Rise of Embedded Payments: Turning Every Software Company Into a Fintech
SaaS companies were all about having subscriptions as their primary growth engine. However, this is starting to shift with the continued rise of embedded payments. As software and finance converge, …
Chime’s IPO Is A Milestone For Fintech, But Has The Real Test Just Begun?
The neobank’s public filing is a win for underserved-centric banking, but delivering true financial resilience for all Americans will require deeper innovation and a broader business model. The …
White Rock Investment Partners strengthens global presence with UAE expansion and strategic partnerships
New UAE base strengthens cross-border investment between the U.S. and the Middle East and builds on White Rock’s growing fintech and technology portfolio footprint …
UAE Fintech NymCard Granted In-Principle Approval to Hold, Transfer Customer Funds, while Issuing Payment Cards
Abu Dhabi based NymCard, a card issuing and processing platform, has reportedly been granted “in-principle” approval from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global …
Fintech startup Telr raises $3 million
With growth of over $500 million worth transactions annually, Telr anticipates reaching transactions worth $1 billion transactions per year by the end of 2017. Telr has raised funds from investors in …
FDIC Signage Changes Risk Confusing Bank Customers, Critics Say
An FDIC proposal dialing back requirements for banks to display the agency’s official sign online and in mobile apps risks leaving customers vulnerable to steep losses as happened with the failure of …
A Tipping Point: MAGNiTT’s Philip Bahoshy On The MENA’s US$1.2 Billion Venture Capital Record In Q3 2025
Startups in the Middle East bagged a record US$1.2 billion in the third quarter (Q3) of 2025, according to the Dubai-based data platform MAGNiTT, thereby defying the downturn across other emerging …
Moniepoint Closes $200M Series C Funding Round With Plans To Drive Financial Inclusion And Expand Internationally
Moniepoint has officially closed its Series C round, amounting to over $200 million in equity financing. The round was led by Development Partners International’s African Development (ADP) III fund, …
Africa’s Fastest-Growing Fintech – Moniepoint Secures US$110 Million Investment to Scale Digital Payments and Banking Solutions
LONDON–(BUSINESS WIRE)–Moniepoint Inc. (“the Company” or “Moniepoint”), Africa’s fastest-growing fintech, announces it has successfully raised US$110 million in equity financing, to power the dreams …
Gen Z’s Surprising Exit from Banking Reveals a New Career Playbook
Why exchange prestige for freedom?” That’s the cry ringing out in boardrooms as banks lose a steady exodus of Gen Z stars down the door. Traditionally the epitome of stability and achievement, banking …
Crypto, Fintech push back against banks’ war on open banking
A coalition of crypto and fintech trade groups is calling on the CFPB to finalize an open banking rule that protects Americans’ right to control and share their financial data.
Mawarid Finance announces return of Mawarid Fintech & Innovation Summit on Thursday
Mawarid Finance announced the return of the Mawarid Fintech & Innovation Summit on Thursday, 23rd October 2025 at the Grand Hyatt Dubai.Powered by the DIFC Innovation Hub, Mastercard, and Arab …
Coinbase Tells US Treasury Old AML Rules Are ‘Broken,’ Pushes Tech Fixes for Crypto Crime
Coinbase wants AI safe harbors, blockchain analytics recognition, and zero-knowledge proof adoption to replace outdated compliance systems.